In an informative tech talk, Konstantin Belov and Yaroslav Petrovski presented the fundamentals of Covered Bonds and our tailored solution for managing these secure assets: the Covered Bond Assistant. This innovative application helps banks efficiently manage their Covered Bonds and ensure the quality of coverage at all times.
Covered Bonds are distinguished by their unique protection mechanism: through the Cover Pool security concept, they provide a dual layer of security for investors. In the event of issuer insolvency, investors retain access to assets within the Cover Pool. This makes Covered Bonds a crucial component in capital funding and lends them high stability in volatile financial markets.
Our Covered Bond Assistant offers a range of valuable features to ease the burden on banks in Covered Bond management:
Automated Creation and Completion of Rating Templates: With our Assistant, banks can not only automate the creation of rating templates but also have them fully completed. This enables them to reliably monitor the quality of their Covered Bonds at all times.
Cover Pool Monitoring: The Assistant ensures continuous monitoring of changes in the Cover Pool, enabling quick identification and resolution of potential risks.
The Covered Bond Assistant was developed using the low-code platform Megaladata, which simplifies seamless integration into existing IT systems and accelerates adjustments to evolving market requirements. Megaladata also offers powerful data analysis and AI capabilities that enhance monitoring and efficiency in Covered Bond management.
Team ADEAL
#adealsystems #adealsystemstechtalk #coveredbond #lowcode